Foreign Exchange Insights and Next Week
Next Week
October 18, 2013
Central Bank interest rate policy meetings are scheduled next week in Canada, Mexico, Norway, Sweden, Turkey and the Philippines. The Bank of England releases minutes from its October meeting, and the Reserve Bank of Australia publishes its annual report. Bank of England Governor Carney and the bank’s chief economist, Charles Bean, speak publicly. So do […] More
Central Bank Watch
Easing by National Bank of Serbia
October 18, 2013
The Executive Board agreed to its third interest rate cut within five months today, citing lower, in-target inflation and reduced expected inflation. The policy interest rate was reduced by 50 basis points to 10.5%. Cuts of 50 bps in May and 25 bps in June were made earlier. The rate had been at 11.75% following […] More
New Overnight Developments Abroad - Daily Update
Chinese Data Mostly as Expected
October 18, 2013
This week, which began fraught with expectation, is ending on a pretty quiet note with few data releases other than a slew of Chinese figures. The dollar is unchanged against the yen, loonie and yuan, up 0.3% relative to the Australian dollar, down 0.3% versus sterling and off 0.1% against the euro, Swiss franc and […] More
